Park Slope Development Opportunity with Approved Plans

$3,800,000

138A 16th Street, Brooklyn, NY 11215

For Sale

Development

Active

Last Updated: 10/21/2026

Lot Area: 4,570 sqft

Zoning: R6B

Buildable Area: 12,576 sqft

Approved Plans for 12,576 Gross SF Residential Development of a 5-Story Elevator Building with Cellar, Backyard & Rooftop
The site has demo permits in-place, ACP-5, and fully negotiated access agreements with the neighbors
Five (5) Spacious 3-Bedroom / 2.5-Bathroom Units
Condominium Sellout Potential Exceeding $1,550/SF
Prime Park Slope Location with Convenient Access to Transportation. Less than 5 blocks to F/G subway lines at 4th Avenue–9th Street & one block from B63 Bus at 14th Street. One block away from the D/N/R/W at 4th and Prospect Ave

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